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Item Details
Title: CAPITAL, TIME AND TRANSITIONAL DYNAMICS
By: Harald Hagemann (Editor), Roberto Scazzieri (Editor)
Format: Hardback

List price: £145.00
Our price: £130.50
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ISBN 10: 0415395194
ISBN 13: 9780415395199
Availability: Usually dispatched within 1-3 weeks.
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 19 December, 2008
Series: Routledge Studies in the History of Economics
Pages: 288
Description: Aims to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution "Capital and Time" (1973). This book takes Hicks' work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics along transition non-steady state paths.
Synopsis: In the words of Robert M. Solow traverse analysis "is the easiest part of skiing, but the hardest part of economics". The aim of this volume is to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution Capital and Time (1973). The analysis of an economy which originally had been in a growth equilibrium which was disturbed by technical progress is one of the most challenging problems in economics. This book takes Hicks' work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics along transition non-steady state paths The original contributions in this volume explore the manifold theoretical roots of traverse analysis in classical and post-classical literature, its features as a specific method of economic dynamics, and its applications in a variety of fields from monetary economics to development and international economics. The essays thereby focus on the ways ahead from Capital and Time that have been suggested and actively pursued by a number of scholars in recent years.Its central theme is the role of capital structures as critical factors in determining the actual dynamics of any given economic system. This volume is inspired by the belief that this state of affairs is not a satisfactory one, and outlines a new agenda for capital theory. Contributors include Edwin Burmeister, Jean-Luc Gaffard and Heinz Kurz.
Illustrations: 43 black & white illustrations, 3 black & white tables, 43 black & white
Publication: UK
Imprint: Routledge
Returns: Returnable
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CAPITAL, TIME AND TRANSITIONAL DYNAMICS
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CAPITAL, TIME AND TRANSITIONAL DYNAMICS
CAPITAL, TIME AND TRANSITIONAL DYNAMICS (PB)
CONSTITUTION OF POLITICAL ECONOMY (HB)
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EXPLAINING FINANCIAL CRISES
FUNDAMENTAL UNCERTAINTY
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GROWTH THEORY AND GROWTH POLICY
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GROWTH THEORY AND GROWTH POLICY
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HYPERINFLATION, CURRENCY BOARD, AND BUST (PB)
INCOMMENSURABILITY AND TRANSLATION (HB)
KNOWLEDGE, SOCIAL INSTITUTIONS AND THE DIVISION OF LABOUR (HB)
LEGACY OF HICKS
MARKETS, MONEY AND CAPITAL
MARKETS, MONEY AND CAPITAL (HB)
MARKETS, MONEY AND CAPITAL (PB)
MONEY, FINANCIAL INSTITUTIONS AND MACROECONOMICS (PB)
POLITICAL ECONOMICS IN RETROSPECT (HB)
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REASONING, RATIONALITY, AND PROBABILITY (HB)
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THE LEGACY OF SIR JOHN HICKS
THE LEGACY OF SIR JOHN HICKS
THE LEGACY OF SIR JOHN HICKS
THE LEGACY OF SIR JOHN HICKS
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THE POLITICAL ECONOMY OF THE EUROZONE (HB)
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